This week's video has 3 separate Shark Tank business plans being presented to the 5 Sharks.
There is no list of questions for you to answer like there was last week.
Instead, you are to watch each business plan and fill in as much of the information in the Business Plan table below. That is, one table for each of the three Business Plans.
Only watch each of the 3 presentations for about 30 minutes. DO NOT watch the first one for an hour..... Aim to complete as much as you can in 30 minutes and then do the next one. If you want to continue watching it after class, you may save it to your USB and do it then.
You will have to read through the questions first, and then be listening for the answers as you watch the presentation.
NOTE: Not all of the parts of your table will be filled out, because they don't discuss all of them. Just do as much as you can in 30 minutes.
Send your work to Mick's computer when instructed to do so.
Open up a WORD document and type your answers in these spaces.
2. Company and Financing Summary Company name History – how and why did it start. How much $ has been made or lost? How much $ is needed and what will it be used for? How will it be paid back?
3. Products and Services Describe the product/service. Prices? Margins?
4. Industry, Strategic and Market Analysis Who are the competitors? How big is the market? How will the business grow?
5. Marketing Plan The 4 P’s – how will they be implemented?
6. Organizational Plan and Personnel Summary Who runs the business? Are there other staff? Who else has invested in the company?
There is no list of questions for you to answer like there was last week.
Instead, you are to watch each business plan and fill in as much of the information in the Business Plan table below. That is, one table for each of the three Business Plans.
Only watch each of the 3 presentations for about 30 minutes. DO NOT watch the first one for an hour..... Aim to complete as much as you can in 30 minutes and then do the next one. If you want to continue watching it after class, you may save it to your USB and do it then.
You will have to read through the questions first, and then be listening for the answers as you watch the presentation.
NOTE: Not all of the parts of your table will be filled out, because they don't discuss all of them. Just do as much as you can in 30 minutes.
Send your work to Mick's computer when instructed to do so.
Vision / Aim / Goals / Objectives
Company name
History – how and why did it start.
How much $ has been made or lost?
How much $ is needed and what will it be used for?
How will it be paid back?
Describe the product/service.
Prices?
Margins?
Who are the competitors?
How big is the market?
How will the business grow?
The 4 P’s – how will they be implemented?
Who runs the business?
Are there other staff?
Who else has invested in the company?
First year predictions